The futures of the European markets indicate for lower open today, after the Asian markets closed slightly higher due to the rise of the Oil price with about 1% during the Asian hours. The indices in Europe closed down yesterday and most likely this sentiment to stay with the markets today as well. After the rate decision from FED to keep rates unchanged the indices did not move very much and it underlines the weakness in equities and continued move lower.
The GOLD price halted its rise for now after reaching horizontal resistance and it is possible that will start to reverse, and with lower prices of the indices, we might see higher USD again.
UKX will open lower around 6,838, DAX will open lower around 10,367, CAC will open lower around 4,412.
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.